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2024-05-03 00:53:51
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OECD Raises Global Economic Growth Forecast for 2024 to 3.1%
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#b9b257e9 ver:0.53

The OECD raises global economic growth forecast for 2024 to 3.1%, driven by strong growth in the US and China. The report emphasizes the need for prudent monetary policy, fiscal consolidation, and policy reforms to boost innovation and investment. However, high geopolitical tensions in the Middle East pose potential risks. Governments are urged to manage increasing debt. #OECD #economicgrowth #US #China #MiddleEast #investment...

#newstr #Oecd #EconomicGrowth #UsEconomy #China #Eurozone #Japan #Turkey #MiddleEast #MonetaryPolicy #FiscalConsolidation

https://here.news/story/b9b257e9?ver=0.53


Japanese Yen Rallies Amid Suspected Intervention; U.S. Dollar Softens Ahead of Key Jobs Report
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#9654910e ver:0.39

The Japanese yen rallied amid suspected intervention by Japanese authorities, as the US dollar softened ahead of a key jobs report. The intervention was strategic, taking place during light trading volumes, and aimed at preventing the yen from reaching new lows. However, the long-term outlook for the yen remains bearish, with the dollar still up over 10% this year. Market focus now shifts to the US jobs report, with analysts predicting the addition of 243,000 jobs in April. A weaker report could alleviate pressure on the yen, while a strong report may increase the likelihood of further intervention. #Forex #Yen #Dollar...

#newstr #JapaneseYen #Intervention #UsDollar #JobsReport

https://here.news/story/9654910e?ver=0.39


Global Stocks Rise After Fed Signals Dovish Stance and Strong US Data; Yen Strengthens
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#10d0212a ver:0.78

Global stocks rise as Fed signals dovish stance and strong US data; yen strengthens. Markets react to Powell's comments on interest rates and inflation expectations. Yen rallies, but weakens after surge against the dollar. Asian markets mixed, Hong Kong stocks rise. US stocks close with solid gains. Apple reports smaller decline in revenue. Dollar retreats against yen. US Treasury yields choppy. Oil prices little changed. #StockMarket #Fed #InterestRates #Inflation #Yen #AsianMarkets #USStocks #Apple #Dollar #OilPrices...

#newstr #UsStocks #Apple #Earnings #UsPayrollData

https://here.news/story/10d0212a?ver=0.78


Understanding the Solidarity Economy: A Global Movement for People and the Planet
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#69b111f4 ver:0.1

Understanding the #SolidarityEconomy: a global movement for people and the planet. Articles explore alternative economic systems, feasibility of #socialism in the US, comparison of economic systems, critique of misuse of terms like communism and socialism, rising interest in socialism among Generation Z, and strategies for building a solidarity economy. #EconomicJustice #SocialChange #InclusiveEconomy...

#newstr #SolidarityEconomy #EconomicSystems #SocialMovements #Socialism #Capitalism

https://here.news/story/69b111f4?ver=0.1


Federal Reserve Keeps Benchmark Rate Steady Amid High Inflation
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#dbe5a853 ver:0.32

The Federal Reserve keeps benchmark interest rates steady amid high inflation, causing debate and speculation about the impact on the economy. The US economy remains resilient despite high rates, with low unemployment and record-high stocks. However, concerns arise about the potential for a recession and the stability of the economy. The rise in interest rates has led to increased income for bond investors and savings accounts, driving up demand and growth. The Fed's decision to hold rates steady suggests that high rates may persist for a longer period. This could burden consumers with expensive loans and increased costs due to inflation, while savers benefit from higher interest rates. #FederalReserve #interestrates #inflation #economy...

#newstr #FederalReserve #Inflation #InterestRates #ConsumerSpending

https://here.news/story/dbe5a853?ver=0.32


2-Year Treasury Yields Trade Cheaper to Fed Funds Than Post-July Period, Citi Research Finds
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#012aa51d ver:0.71

U.S. Treasury yields rise as Fed hints at possible interest rate increase, causing losses for investors. However, Citi Research finds that 2-year Treasury yields are trading cheaper to fed funds than post-July period, suggesting potential buying opportunity. Analyst recommends hedging long positions and warns of bearish risk with upcoming Payrolls report. #TreasuryYields #InterestRates #Investing...

#newstr #UsTreasuryYields #FederalReserve #InterestRates #2yearTreasuryYields #FedFunds #CitiResearch

https://here.news/story/012aa51d?ver=0.71


Biden Faces Uphill Battle in Flipping North Carolina
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#3daf08c9 ver:0.52

President Biden faces an uphill battle in flipping North Carolina for Democrats in the 2024 election. Recent polls show Trump leading in the state on issues like immigration, and the Republican party is embracing far-right candidates and policies. Biden's campaign is spending heavily on advertising and voter outreach, hoping to capitalize on the state's recent population boom. However, strict voter turnout laws passed by the Republican-led legislature could suppress likely Democratic votes. Winning North Carolina could be an insurance policy for Biden, who is struggling against Trump in other battleground states. #Biden2024 #NorthCarolinaElection...

#newstr #JoeBiden #NorthCarolina #Elections #Campaign #Polls

https://here.news/story/3daf08c9?ver=0.52

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